$6,679,900
Parker, AZ 85344
MLS# 6417549
Status: Closed
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Property Description
A once-in-a-lifetime opportunity to own a legendary, deeded, fee-simple commercial property on the Parker Strip! A local and tourist favorite! This riverfront, RV/Manufactured home park, & famous floating dock bar & grill can be yours! This 37-space park is on nearly 3 acres and has 217' of water frontage! There are 5 riverfront spaces, over 100' of beach, palapas, docks, & plenty of boat parking. Roadrunner floating dock bar & restaurant have always been a favorite stop on the Parker Strip! It does a tremendous volume, has a class 6 liquor license. The kitchen was recently moved off the dock in a $130,000 remodel. The bar/restaurant is leased & there is a possible opportunity to keep that in place. Continue on without changing anything & the current business pay for itself.
Details
Maps
Contract Info
Current Price: $6,679,900
Sold Price: $6,679,900
Status: Closed
List Date: 2022-06-10
Ownership: Fee Simple
Buyer/Broker: Y
Buyer Broker $/%: %
Location, Tax & Legal
Map Code/Grid: C80
House Number: 7000
Street Name: RIVERSIDE
St Suffix: Drive
City/Town Code: Parker
State/Province: AZ
Zip Code: 85344
Zip4: 8653
Country: USA
County Code: La Paz
Legal Description (Abbrev): SECTION: 1 TOWNSHIP: 10N RANGE: 19W ***SEE RECORDED DOCUMENTS FOR COMPLETE LEGAL DESCRIPTION*** PTN
Subdivision: Parker Strip
Assessor's Map #: 36
Assessor's Parcel #: 5
Assessor Parcel Ltr: A
Add'l Parcels: Yes
Assessor Number: 311-36-005-A
Census Tract: 2021
Legal: SECTION: 1 TOWNSHIP: 10N RANGE: 19W ***SEE RECORDED DOCUMENTS FOR COMPLETE LEGAL DESCRIPTION*** PTN
Tax Municipality: La Paz - COUNTY
Taxes: 4047
Tax Year: 2021
Marketing Name: Road Runner
General Property Description
Type of Property: Restaurant Bar / Mobile Park
Ttl Apx SqFt Bldg: 2374
# of Buildings: 1
Lot Size Dimensions: 124,561
Year Built: 1991
Uncvrd Parking Spcs: 3150
Zoning: K-C-2Comm
Remarks & Misc
Cross Street: HWY95 & Riverside Dr.
Directions: Hwy 95, turn right down Emerald Canyon Golf Course to Riverside Dr. turn right, Road Runner on the left.
Geo Lat: 34.231286
Geo Lon: -114.187794
Status Change Info
Status Change Date: 2022-12-01
Off Market Date: 2022-10-24
Under Contract Date: 2022-08-11
Close of Escrow Date: 2022-11-30
Sold Price: $6,679,900
Legal Info
Township: 10N
Range: 19W
Section: 01
Lot Number: 2
Income & Expenses
Annual Elec Exp: 2200
Annual Ins Exp: 22000
Annual Trash Exp: 2900
Annual Wtr/Swr Exp: 30000
Owner Association: No
Gross Annual Sch Inc: 398000
Adjusted Gross Inc: 398000
Pmt & Rate Info
Equity: 6679900
Sold Info
Loan Type: Cash
Payment Type: Other
Clsing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Property Features
Building Type: Other (See Remarks)
Current Use: Food Service; Bar
Stories: 1 Story
Construction: Block
Roofing: Comp Shingle; Rolled
Floors: Concrete
Ceiling Height: 8.1 Feet to 10 Feet
Cooling: See Remarks
Loading Facilities: None
Interior: Private Restrooms; Public Restrooms; Other (See Remarks)
Exterior: Pole Sign
Fencing: Chain Link
Amenities: Other (See Remarks)
Parking: Private Parking
Electric: APS
Gas: Other (See Remarks)
Water: City Franchise; See Remarks
Sewer: Sewer - Public
Showing Notification Methods: Text; Email; Phone Call
Source of Fincl Data: Books Shown
Reports/Disclosures: Other (See Remarks)
Environmental: None
Listing Office: Selman & Associates
Last Updated: March - 03 - 2023
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